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853610 (Harmonized System 1992 for 6-digit)

2023
World Trade $3.14BRnk 1082 / 4644
2023
Top Exporter | Top Importer $505M | $400MMexico | United States
2023
Product Complexity 0.8Rnk 1112 / 4656
2022 - 2023
Export Growth (CAGR) -3.29%Rnk 1888 / 4644
2023
Share of World Trade 0.014%Rnk 1082 / 4644

About

Overview This page contains the latest trade data of Electrical fuses, for < 1,000 volts. In 2023, Electrical fuses, for < 1,000 volts were the world's 1082nd most traded product, with a total trade of $3.14B. Between 2022 and 2023 the exports of Electrical fuses, for < 1,000 volts decreased by -3.29%, from $3.24B to $3.14B. Trade in Electrical fuses, for < 1,000 volts represent 0.014% of total world trade.

Electrical fuses, for < 1,000 volts are a part of Low-voltage Protection Equipment.

Exports In 2023 the top exporters of Electrical fuses, for < 1,000 volts  were Mexico ($505M), China ($481M), Japan ($293M), United States ($286M), and Germany ($234M).

Imports In 2023 the top importers of Electrical fuses, for < 1,000 volts were United States ($400M), China ($300M), Hong Kong ($218M), Mexico ($198M), and Germany ($184M).

Ranking Electrical fuses, for < 1,000 volts ranks 1112th in the Product Complexity Index (PCI).

Description The use of electrical fuses is to protect a circuit from damage to the circuit that may happen as a result of too much current flowing through the circuit. This will protect the wires, the circuit breakers, and the circuit.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Electrical fuses, for < 1,000 volts. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)Mexico$505M
Top Destination (2023)United States$400M

In 2023 Electrical fuses, for < 1,000 volts were the world's 1082nd most traded product (out of 4,644).

In 2023, the top exporters of Electrical fuses, for < 1,000 volts were Mexico ($505M), China ($481M), Japan ($293M), United States ($286M), and Germany ($234M).

In 2023, the top importers of Electrical fuses, for < 1,000 volts were United States ($400M), China ($300M), Hong Kong ($218M), Mexico ($198M), and Germany ($184M).

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Exporters of Electrical fuses, for < 1,000 volts (2023)
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Importers of Electrical fuses, for < 1,000 volts (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Mexico$65.1M
Top Destination Growth (2022 -  2023)Mexico$38.8M

Between 2022 and 2023, the exports of Electrical fuses, for < 1,000 volts grew the fastest in Mexico ($65.1M), United States ($49.3M), Thailand ($43.9M), Germany ($27.1M), and Hong Kong ($11.2M).

Between 2022 and 2023, the fastest growing importers of Electrical fuses, for < 1,000 volts were Mexico ($38.8M), United States ($30.3M), Malaysia ($21.3M), Italy ($12.4M), and India ($11.3M).

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Exporters of Electrical fuses, for < 1,000 volts (2022 - 2023)

Importers of Electrical fuses, for < 1,000 volts (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Electrical fuses, for < 1,000 volts.

In 2023, market concentration measured using Shannon Entropy, was 4.24. This means that most of the exports of Electrical fuses, for < 1,000 volts are explained by 18 countries.

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Value of Exports in Electrical fuses, for < 1,000 volts

Net Trade

TOP NET EXPORTER (2023)Mexico$307M
TOP NET IMPORTER (2023)Hong Kong$181M

This map shows which countries export or import more of Electrical fuses, for < 1,000 volts. Each country is colored based on the difference in exports and imports of Electrical fuses, for < 1,000 volts during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Electrical fuses, for < 1,000 volts were Mexico ($307M), Japan ($234M), China ($180M), Philippines ($134M), and Thailand ($78.9M).

In 2023, the countries that had a largest trade value in imports than in exports of Electrical fuses, for < 1,000 volts were Hong Kong ($181M), United States ($114M), Malaysia ($76.2M), Netherlands ($69M), and Indonesia ($67.9M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Electrical fuses, for < 1,000 volts.
It is possible to select the main countries that export or import Electrical fuses, for < 1,000 volts in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Electrical fuses, for < 1,000 volts by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

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